Downtrend until proven otherwise (red arrow), but I expect a #Bitcoin relief rally at some point (green arrow).
• I do not expect a new all-time high in the near future, as higher time frames have flipped bearish.
• It is possible to see one more downward move prior to the relief rally.
• If there is a breakout today or tomorrow, it could be a fakeout due to low volume as of this writing.